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[quote=Anonymous][quote=Anonymous]Merit aid is generally speaking a carrot to attract top students in the RD round.  There is no incentive to give merit aid to an ED student bc ofc it is binding.  That is why you should not apply ED if you are hoping for merit aid.  Not everywhere always, but [b]generally speaking[/b] - you do not receive merit aid if you apply ED.[/quote]

This is generally speaking true of the most competitive schools, schools that have no difficulty filling a class with highly-qualified applicants. But other schools have different incentives.

At some schools, merit is a carrot to attract top students under any circumstances. Schools that use this approach will publish the stats needed for certain merit awards, and/or include stats in their COA calculator. You can apply ED relying on that calculation.

At still other schools, merit is a carrot to attract enough qualified students to fill the class. These schools publicly state that all applicants, or all ED applicants, admitted to the school will receive an award of $x amount. I believe Oberlin and Agnes Scott do this, and I’m sure there are others. Again, you can apply ED relying on these policies.

So I agree that you have to look at the school’s incentives, but different schools have different incentives because they occupy different positions in the college market. [/quote]

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